LUCE VALLEY and INCH (CHURCH OF SCOTLAND)
OF
RECEIPTS AND PAYME￿6 AccouNfs FOR THE YEAR TO 31ST DECFMBER 2025
Con%r¢gatMM No: 071M38
Ch*rity No: SC IN)5302
Page I

. Refetenfe and Administrative Information
Clwity Nwne..
Luce Vallc). aad Inch (Church of Swtiand)
Charity ReBistrntion Number:
SCIK15302
Congregatiot) Reference No:
070438
Contact Address:
99 Main Str¢¢t
Gl¢nluce
80PT
Trns¢ees
List all tnths who s¢rYed at any time during the year up to the (late of si￿1￿8 the ￿unts.
lkn. st￿hert Ogston. Mr Alan Leiper. Mr Alex M¢Kic. Mr John MLMillarn Mr Andrew Ir%'in4 Mr. Ken M¢Kie. Mr Robert Clark
Mts Mar8arct F.Ilen B¥￿son. Shwila CAm¥ryon. Mrs Alison IAn%icki Mrs G￿¢ McKi¥'
Mrs Fran¢¢y Irvine, Flo￿ stir11￿ Mr wal￿ Lewi¢ki MTS blaning
Mr N'edll Mclbistin. Mr Hu8h GalliM*y. Mr Dayid Llurf. Mrs Ei'el)Tr Wri8hL HiEJry J￿dAll
"Ih¢ Larl of Stair John Dalryinple. Mrs Ern￿￿ Motrirfto 17.1). Mrs I[￿e K¢ll)'. Mr Liitle(to 17.2)
Mr6 Maur¥¢D McKinleylto 17.?). Chrisiiod Meldrm MTS Ann liodM' ,Mrs Ann Sl&11￿ Mrs Ann watso￿ Mr l¥n Osknrn
Sh¥illl Lowrie. Mr liobert Hi8Bin5
Minister: Rev Stephen 08Ston
Se&8ion Clerk: John Mcmillan
Chuwh TrcasurerFr￿¢s Irvjne
Inde￿ndent Ex••lMer
Colin S Wilson
Crnig McEntyre & P¢acocL
Accountont&
33 Lewis Street
Stranraer
DG9 7LB
BAknkern
Royal Bank of Scotlan
Bridge Street
Str&nr8er
Page 2

Trustees, Annual Report
Year ended 31 Deeember 2025
Structur& Governance and Management
Governing Doeument
The Church is administered in accordance with the terms of the Deed of Constitution
Recruitment aud AppolBtm¢mt of Tn￿te
Members of the Kirk Session are the charity th￿tees. The KiTk Session members are the elders of
the church and are chosen frorn those Mcmi￿ of the church WI￿ ar¢ considered to have the
appmprigte gifts and skills. The Aninister. who is a mLThber of the Kirk S￿l0n. is ¢l¢cled by the
coiwegation and inducted b>, Presbytery.
OrganlsAtioxal Strneture
The KI￿ Se&8ion which meets four titnes a year is ￿spOnsI￿1e fijr spiritual affair3 within the
Objectives and Activities
The Church of S¢otlalld is Trinilariati in dLKtrine. Refomied in rtadilion and Presbyrerian in polity.
Et exists to glorify God and to work for the adi'ancement of Christ's Kingdom throughout the world.
As a national Church. it acknowledg¢s a dAstin¢tive ￿11 and dut). to bring the ordlnancvi of Teligion
to the people in every parish of Scotland through a teTritorial ministr).. li co-op¢rates Thith other
Churches in various ecumen1￿] ixxlies in Swlland and iyoThL
Other Activitie5 include Service of Worship. Retlections On Line. Prayer Meetin& Bible Studies.
Guild. Choir. Support for Bl)thsw(KKI and other Missiorts. FERN group. Gospel Sound. School
Chaplaincy, Hospital and Residential Flome visit4 Valentine T¢4 Yulctide 'fe4 Ca￿1 Services and
Summer Fet¢ all the ¢ommunity.
Pgge 3

Trustees, Annual Report {eont)
Year ended 31 December 2025
AcbievemeDts and Perfomanee
The following activities have been carried out during the year under review Service of Worship,
Reflcrtions On Line, Prayer Meetin& Bible Studies, Coffee & Chat On l.inc. Guil(L Support for
BlvthsM'ood and other Missions, FERN group. Gospel Sound. School Chaplainc)'.HospAtal and
Residential Home visit5.Valentine Te4 Yuletide Te4 Carol Services. and Surnrner Fete for all
the community.
Financial Review
Gift Aid Donation has increL8ed from previous year by 6.360/0
Reyerv&4 Policy
It is our poli¢y to hold ￿&￿e3 ¢qual to 6 month5 for d¢sigt¥trd funds at the year end dcsigmated
funds of £ 16.765, which we consider appropriate to hold fiJnd5 at this level to meet unexpected
expenditure
The Church a150 held £9.326. of restridd fimds which have been provided for the purposes
specified in Note ?
Page 4

Trustees, Annual Report (cont)
Year ended 31 December 2025
Statement of Trnstees, Rtsponslbilitses
The membcrs of the Kirk Session I CongTWtional Board must prepare financial ststernents which
give sufficient detail to enable an apprrfiation of the transactio￿ of the Church durin8 the financial
year. 'I'he Tnembers of the Kirk Session I Congregatsonal Board are r¢spx)nsible for keeping prO￿T
accounting records which. on r¢quesL must reflect the financial posilion of the Church at that time.
This must be done to ensure the fuwicial slalemenls. compl). with the Charities and Trust¢e
Investment (Scotland) Act 2(K15. the Charities Accounts (Scotland) Regu]ation5 ?006 and the
Regulations Anent Conwrgational Finance approved by the General Assembl)" of the Church of
Scotland in ?007. Thc). are also responsible frir safeguarding the a&sets of the C;hurch and musi take
r￿Onable steps for the prei'cntion andlor detection of fraud and other Irregularities.
Approved by th¢ Trusttts and on th¢ir behalf.
J Memilla
S￿]0￿ Clerk
P*ge 5

Independent Examiner's Report to the Trustees of Luce Valley and Inch (Church of S¢ollaB
I repvrt on the accounts of the ch8riry for the year ended 31 st December 2025 which are set out on pages
Respeetlve responslbllllks of trnsttts Ind euminer
The Lharity's trustees are responsible foT th¢ prcpardtion of Ik accounts in accordance with the terms of
the Charitios and Trustee InvestDient (S¢otland) A¢t ?005 and th¢ CharitlC5 Accounlb. (S¥o(knid)
Regulations 2006.
The chartty In￿eeS consider that the audit requirement of Regulation 1011) (d) of the Accounts
Regulations d(￿S noi apply. It is my rcsWK￿1b11ity to examine the attounts as required wider section
44(1 I Ic) of the Act and to stste whcth¢r Darttcular tnatsers have come to mv attention.
of ind¢pendent ¢xamixer's 8lAtewwt
An examination is eaTried out in accordance with Regu￿ I l of the Charlties Accounts (Scotland)
Regulations ?006. An examinaiion includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes considerntion of an), unusual
items or disclosures in the accounts. al￿ seeks explanatioDs from the Irustees concerning any such
m8ttcrJ. Thc ptocedures undcrtaken do not proi'ide all the evidence Ihai would be required in an audiL
and coo8equ¢ntty i do not express an audit opinion on th¢ view given by th¢ accounts.
IDdependent eumin¢r's statement
In the Course of my examintho￿ no matter has ci)me to my attention [other than disclosed below J
which gives me reasonable Ca￿ to believe that in any materi81 w the requirements:
to keep accounting records in acCOrda￿e with Section 44 (I ha) of the ?￿5 Act and Regulation 4 of
the ?006 Accounts Ke8ulation& and
' to prepare ac¢ounts ￿hich accord with the accounting records and comply with Regulation 9 of the
2¢X)6 Accounts Regulations hav¢ not been meL or
to which. in my opiniow attrntion sh￿Id ￿ drawn in onler to enable a proper undeT5tanding of the
accounts to be reached.
Colin S Wilson
Craig McIntyre &
33 Lewis Street
Stranraer
DG9 7LB
11151
Page O

Luce Valle
and Inch
Church of Scotland
Reeei
tsandPa
ments Account
Year ended 31 December 2025
UMres¢rlete41 Retri¢1￿1 Elldowment
Fujds
Funds
2025
3025
Tot*1
Tot•1
2025
2024
Not¢
tkjnations
Legacies
40447
2607
43054
37169
& tkposit inter&qi
410
2433
55
123
10
47
475
956
1732
2603
VAT R¢f￿d
45290
2785
57
48132
39857
Rental of premise8
Sale of assets
S41¢ of investma
3301
3301
4584
15(X)2
15002
RÈceipts from Ga*Tal Tntstres
Total Reeei
63593
2785
57
66435
44441
Costs of geD¢ratiDg
Charitsble activitl
Governance cogts
36347
2801
59148
50301
J24
360
360
tal Pa
56671
2801
36
59508
50765
ExceBs of R¢¢¢lpts ovtr Payments
ror the year before trxn8ferJ
-16
6927
324
The TranBfer of Unlon BalaDee
Exeoss of Receipts over Payments
for the y￿r
6922
-16
21
6927
5324

Luee Valle
gnd Ineh
Statement of Balances
At 31 December 2025
Church of Seotland
Fu￿$
2•25
Fun
2025
Total
2025
Totsl
1024
21)25
*Dk
Brou
nvgrd
98210
9298
916
108424
114748
Movement in year
Ex¢¢55 of Receipts over Pa)mtsts for yrar
-16
21
6927
324
Bank & de￿it bala￿
105132
9282
937
115351
108424
tments at mvket v
(cost £4235) Fabric Fund
(cost £497) Miss Wale8 TTU5t
(cost £130) G¢nernl Fund
{cost £1759) Old Lwe Church FJthwm¢nt
To￿1
13271
2fj279
5806
1659
6201
1789
2374
23695
2201
35945
Gift Aid Reeèivablt
abili
Cost of r¢pair notyd bilkd
Tr accounts were approved by the Kirk Session and Financial Board onll 312
For and on bchaif of the Kirk Session and FinallGial B(wd
Seuion Ckrk
Tr¢asurer
Page 8

Luee Valle
nd Inch
Statement Df Balances
N tes to the Aerounts
l. jTrugtee RwnunerAtioD and Related Party Transaetlfym
Durlng the y¢ar l trkLStees received RemUner￿lon iotsl £3765
During the year 3 ttustee5 ￿1Ved reIrnbursem￿t of expcw incurred total £3099
Church of Seotland
2. Movements in Funds
AtlJ•
At 31 Dec
202S
yments
Tr*Msft
UnreBtri¢ted funds
DeSIw￿ted Fabric Fund
Desi8nated Fabric Fund INS&1 A¢￿￿1)
(Transfer from New Luce Churth)
Genernl FLET
2716
14765
12810
16765
12775
35
-12810
47677
45712
41906
41483
63168
61751
56671
58248
Restrieted funds
.Sllbbatieal Fund
jMi&8 Wai¢s
Guild
2234
2631
3327
2259
153
1391
2784
3128
1590
Luce Valley Women
Old IAKe Churth Endowment
Mission Fund
916
102
57
36
937
107
1216
9321
2842
2837
9326
Inve8tments- Dwbsit Fund
ICOS In¥￿torS Th
35935
1842
47777
Total funds
108424
66435
59508
115351
ted Funds
i Fabric Fund.. The TTr￿eeS have set &side funds for the Main￿ of the Churth pro
1Gene￿ Fund For the day to day runni￿ of Church
Sabbatical Fund for Ministers conference expenses
Miss Wales Fund to give a helping hand to anyone in trouble
Old Luce Church Endowment Fund Anonymously donated in 1976 any amount over original can
used however the TnLSiees deemed to ￿ appropriale

Unrestrlcted Restrirted
Funds
Funds
2025
EndowmeDt
Funds
Totsl
Totsl
2025
202S
2025
2024
Analysis of Donvdtions
WFO Scheme (non Gift Aid)
Gift Aid Donations
Tax Recovered on Gift Aid DonatiOL8
Ordinary Offerings (Open Pl￿e)
Other Off¢ring& Donations etc
26,369
8,719
5,359
2,607
43,054
24,792
5,089
5,232
2,056
37,169
8.719
5,359
40,447
2,607
4. Analysis of Payments
Costs of generating fuuds
Investtnent Managers, fres
'Offering envelope5
104
95
104
104
Charitable activities
Ministries & Mission allocaiion
Presbytery dues
Volunw Additional Stipend
Minister's expenses
Mtni5tertal Assistance
Pulpit supply
Other 5tatTmg costs
Fabric r¢pairs & maintenance
,Coun¢il Tax
Heat and light
Insuran¢¢
24,744
1,080
24,744
1,080
913
2,364
2,364
1.780
3.579
1,577
5.115
1.616
5.063
1,806
1,616
5.063
.'Other building Co￿5
Church's Staffing Costs
'Hall Stsif]ng Costs
Organ & musi¢
'Prinling, stattonery and postage
Other expenses
.Equipment- Projecthr et
3,018
2,160
1.184
3,018
2.160
,184
3,014
2,160
524
1.969
2,801
4,770
3,937
2,889
50,301
56.347
2,801
59.148
. Governanee costs
Independent examiner's fee5
,Purchase of assets
.Pur¢hase of investments
3241
36
360
360
324
36
360
360
elo
Pa

5. Minister's Stipend
All Church of Scotland congregations contribute to the National Sti￿nd Fund which bears the costs
of all ministers, stipends and employees contributions for national insurance, pension and housing and
loan fund. Ministers, stipends are paid in accordance with the national stipend scale. which is related
to years of service. For the year under review the minimum stipend Ivas £32,433 and the maximum
stipend (in the 5th and subsequent year £39,856
2025
2024
6. Collections for Third Parties
Scripture Union
OMF
MAF
Church of Scotland - Ukraine
Jim & Juzia Paterson
The Scottish Bible Society
Tear Fund
From Overse&8 Mission Fund
165.76
198.60
197.72
314.60
153.20
274.83
233.46
338.79
1,211.44
883.36
1.806.76
Tear Fund (From Gospel Sound)
Poppy Scoiland
From General Fund
245.00
121.46
366.46
78.25
Full Total
1,577.90
1,885.01
Page 11

FUNDS HELD ON BEHALF OF THE CONGREGATION
BY THE CHURCH OF SCOTLAND GENERAL TRusfEES
2025
2024
CAPIT
ACCOL'NT
Credit B8lances held at 31 De£ember at co
102817
102817
Market Value of Balanc¢s at 31 Decemb
14834?
142321
VF.NUE ACCO
NT
Openlng Balance
3103
Inch Church wfwd 1.1 l ?0?3
Dividend Income
1663
In*tEst Receiv
Dew)sit Fund
Income Fund
Gro￿th Fund
108
7413
2056
1663
1379
5063
1380
8667
Insurance
Property Costs
Admin Cost
2820
3,323
5.062
381
8,766
350
3170
Closing Balance
1893
99
TEMP
RARY A
co
Inch Church Hall - Valuation report
Closin8 Balance
Nule
2113
2113
1560
fany ofthe above liKv to)Y)ur congrwiionfor b￿h ofiheirars being reported t1￿￿ ihey
can be removedfrom ihe nofe.
The nole only requir&% tk w el￿figurefr each year to be shown. Lklailing the movements is MJI
nec&Ysary bul can be Jhom'n ay addilional discloswe ifcomideredappropriute.
The note only req4lre& ihe )Yar endfiRyre for ea¢h )*ar lo be Jhown. Deiuillng the movemenrs is nol
nec￿$llry bui can be sknwn ￿ additional discloswe ifcowiderediwpropriale. Page 12

GENERAL FUND 8LK
INCOME
Offering5
W.Tr.O Scheme (non Gift Aid)
Gifi Aid Donatis)ns
Tax on Gift Aid Donation
Ordinary Offering¥Open Plate)
24.(KX)
6.300
26.069
8.644
5.359
2.000
35,700
42,072
WeddiThJs &
Investments & De￿>51￿
l)se of Prvmises
Fund Raising I'￿S
1200
350
2.3th)
1.100
2.201
3.850
39,550
3.640
45.71?
N￿LOn￿L Mlnistry and Mission & Wth Work + Travel Exp
34.0?7
36.99)
National Stipend Fund Allocation
Less:Vacancy Allowance
Less StI￿d Endowment Income
Less I'ran5ition Funding
Less.'Endowmeni Income
Less: Glebe Rent(Includes Gle￿ Repair)
Mission & Ren¢wal Fund Allocation
Presbtery Dues
(6,577)
(5.?78}',
(7.077)
(5.341),.
1.080
21.573
25.814
Volunt8ry Add Stipend & Employers NaL1￿4
Minister'5 Expenses
Minis￿ri&l A&4istan¢e(Salarie4NI & Exp)
Pulpit Supply
l)thrr Saiarie4National Insurance & Pension
5J
5.178
Bulkllry Co8ts ats..
14eatin8 & Lighting
Other Local cO￿S
I"eI¢.PostyPrinii￿S¢￿tlon¢rv.Photo¢0Py1￿_
Other Expenses
7,)4?
5.IlX)
5.063
3.500
.540
37.773
41.1)06
3.806
Q•n•ral Fund 8IWwllD•ll¢lt) for#* Y•v
Page 13